Retention of seized property survives where recorded reasons support proceeds of crime, while stayed investigation periods are excluded from limitatio...
Specified income of Baddi Barotiwala Nalagarh Development Authority receives conditional tax exemption, retrospectively covering its designated assess...
Specified development authority income receives retrospective tax exemption, subject to non-commercial activity, unchanged income sources, and return-...
Unified Brand India framework introduces voluntary Trust Mark certification and funding support for export branding, packaging and global promotional ...
Origin Declaration authentication governs preferential tariff claims under India-UK CETA, requiring a validated reference number before import clearan...
Separate assessment orders for different years remain valid when distinct notices and hearing opportunities prevent prejudice from combined proceeding...
RBI has amended the Master Direction on non-resident investment in debt instruments by consolidating earlier instructions on NRI investment in debt instruments and the use of debt instruments acquired under FEMA 396 as collateral with recognised stock exchanges for exchange traded derivative transactions. The updated Master Direction is enclosed for authorised dealer Category-I banks, which are to circulate the changes to concerned constituents and customers. The circular is issued under the Foreign Exchange Management Act, 1999 and operates without prejudice to approvals required under any other law.
RBI has amended the Master Direction on non-resident investment in debt instruments by consolidating earlier instructions on NRI investment in debt instruments and the use of debt instruments acquired under FEMA 396 as collateral with recognised stock exchanges for exchange traded derivative transactions. The updated Master Direction is enclosed for authorised dealer Category-I banks, which are to circulate the changes to concerned constituents and customers. The circular is issued under the Foreign Exchange Management Act, 1999 and operates without prejudice to approvals required under any other law.
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